Answer:
(B) Exercise Price:$50.00, Number of Underlying Shares per Contract of XYZ: 100
Explanation:
The declaration of the dividends will not affect the exercise price of the call, it will still be $50 per stock. Also, the number of stocks included in the call will not change because a cash dividend is declared, they will still be 100 stocks included in the call contract. The cash dividend affects the market price of the stock, but not the call or put options.
Answer:
<h3>Agricultural machinery is machinery used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that they tow or operate. Diverse arrays of equipment are used in both organic and nonorganic farming.</h3>
Explanation:
<h2>
<em><u>thanks</u></em><em><u>❤</u></em><em><u>❤</u></em></h2>
The income statement for the year will show a net income of 87,000 during the financial year.
<h3>
What is net income?</h3>
In business, net income refers to the amount of money left over after all expenditures have been paid, such as salaries and wages, the cost of items or raw materials, and taxes.
Net Income = Gross Profit — Operating Expenses — Other Business Expenses — Taxes — Interest on Debt + Other Income
Given:
Cash = $70,000
Accounts Receivable =28,000
Supplies= 4,000
Accounts Payable = 10,000
Notes Payable = 5,000
Retained Earnings, beginning of year = 17,000
Common Stock= 40,000
Service Revenue= 53,000
Wages Expense= 8,000
Advertising Expense = 5,000
Rent Expense = 10,000
so, the Net income during the given period will be :
NI = total revenue-total expenses
=1,02,000-15,000
=87,000
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Answer:
The production requirement for the month of July in units is 5001 units.
Explanation:
In the given case, manufacturer receives the order for calculators for month July is 5000 units
In this case it is given as the quality of the units produced are 5 defect products for 1 million units.
Defect ratio = (Defect products produced/total production produced) × 100
Defect ratio = (5 / 1000000) * 100
Defect ratio = 0.0005%
In the given case the production requirements are asked for only July month.
As per orders received, the manufacturer has to produce 5000 units. It means, manufacturer has to produce the required number of units plus possible defect units. It means, to produce required good quality products, the manufacture may produce some defective products based on defect ratio
Production requirements = Required good quality products + (required good quality products × defect ratio)
= 5000 units + (5000 × 0.0005%)
= 5000 units + 0.0025 units
= 5000.0025 units
= 5001 units
As manufacturer cannot produce the 0.0025 units the manufacturer has to produce 1 unit to compensate defective products for production of 5000 good quality products. Therefore, the production requirement for the month of July in units is 5001 units.
Answer:
See calculation below
Explanation:
With regards to the above information, overhead cost assigned to the Standard product line
= Total overhead × Units produced for standard product line / Total units produced
= 3,880,000 × 5,000 / $1,000 + $5,000 + 7,000
= $1,492,307
